Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – American Wrap 8 April
|Bitcoin Price Forecast: BTC/USD next critical breakthrough is eyed at $7500
Bitcoin price is trading in positive territory, up 1.05% in the second half of the session.
BTC/USD is being capped for the time being by a barrier at $7500.
The price has been consolidating near-term, following the critical $7000 breakthrough.
Ethereum Price Analysis: ETH/USD small barrier at $170 in the way of greater upside
Ethereum price is trading in the green by 3.35% in the session on Wednesday.
ETH/USD trying to break above resistance seen at the $170 mark.
The next major target area for the bulls will be for a return into $200 break down is eyed at $200.
Ripple Price Analysis: Intraday price action holds at 0.20
Ripple is looking good at the moment as the market continues to make higher highs and higher lows. It seems like the bulls are in a fight to keep the price above 0.20. Looking at the black resistance zone the bulls will need to take out 0.20524 if the next target of 0.2251 is to be tested.
-637219624796008620-637219701373664735.png){kind=link}
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.